The case has been assigned to US District Court Judge Pedro A. Delgado-Hernández.
The property's owners listed extensive damages to the site and the interior of the Isla Verde hotel.
The Concilio de Salud Integral de Loíza Inc. (CSILO) is suing the Municipality of Río Grande, including its mayor and several legislators, for nearly $6 million in damages related to a property that the nonprofit bought, but that the town allegedly seized through an ordinance. In the lawsuit filed at the US District Court for […]
The Puerto Rico Supreme Court has in its hands the final decision on whether a 12-year-old case against Claro de Puerto Rico will be resolved in favor of consumers or be reverted to a lower court for a trial by jury. The class action lawsuit filed in February 2009 at the Bayamón Superior Court could […]
Former University of Puerto Rico President Jorge Haddock and his wife, María A. Haddock, filed a lawsuit against the university’s Board of Governors, and other defendants with ties to the college, seeking nearly $5 million in compensation for early termination of his contract, and damages. The lawsuit filed at the US District Court for Puerto […]
GP Strategies, a firm dedicated to providing solutions to improve organizational effectiveness, is suing four Puerto Rico municipal governments for non-payment of some $3.7 million, News is my Business learned. In separate lawsuits filed at the Superior Courts in San Juan, Caguas, Carolina and Mayagüez, GP Strategies basically exposes the same cause for going after […]
Plaza Centro 1 shopping center, owner MJS Caguas Limited Partnership, faces a $24.6 million collection and foreclosure lawsuit from U.S. Bank National Association, filed last week in the Caguas Superior Court. The lawsuit corresponds to an outstanding $28 million loan originated by Canadian Imperial Bank of Commerce in January 2011. The loan is payable on […]
HCOA Fitness, which on Tuesday was hit with a lawsuit by members claiming the chain had continued to charge membership fees during the lock-down, said it has continued to “expedite the freezing or cancellation of memberships.” Rick Bouza, president of the 14-gym chain, said since the government mandated the closure of businesses on the island […]
By Eliván Martínez-MercadoCenter for Investigative Journalism After suffering a severe allergy and respiratory problems while working in Puerto Rico with experimental agrochemicals for the multinational seed producer Monsanto, agronomist Iris Pellot sued the company for allegedly causing her “intentional and negligent” harm, as well as violating her constitutional rights. The first day in court was […]
Puerto Rico bond insurers this month filed suit against eight well-known investment banks (UBS, Citi, Goldman Sachs, J.P. Morgan Securities, Morgan Stanley, Merrill Lynch, RBC and Santander) for failing to perform proper diligence on Commonwealth bonds worth approximately $11 billion. The train of neglect ran from 2001 to 2015 and included revenue and expenditure falsification […]
National Public Finance Guarantee Corporation and MBIA Insurance Corporation filed suit in the San Juan Superior Court against eight Wall Street banks to hold them accountable for “inequitable conduct in Puerto Rico’s municipal bond market that contributed to Puerto Rico’s economic collapse.” Plaintiffs are bond insurers that have been presented with more than $1 billion […]
The Financial Oversight and Management Board for Puerto Rico has filed a lawsuit against the Gov. Ricardo Rosselló, and the Puerto Rico Fiscal Agency and Financial Advisory Authority in the U.S. District Court for Puerto Rico to prevent the government from enforcing Law 29 and to compel it to comply with the Puerto Rico Oversight, […]
The Institute for Energy Economics and Financial Analysis and CAMBIO, a Puerto Rico-based environmental nonprofit organization, filed a mandamus action in San Juan Superior Court to obtain information about the Puerto Rico Electric Power Authority’s system and ongoing privatization process. “Very little information has been provided about the underlying studies or plans related to the […]
A lawsuit was filed in the New York District Court to demand information about the files related to the process of appointing the members of the Oversight Board, specifically the documents related to ethical conflicts and the financial disclosures that were required, the Center for Investigative Journalism (CPI) announced. The lawsuit — which also seeks […]
The U.S. District Court for the District of Puerto Rico has found Special Police Force Corp. — a security company based in Bayamon — and its owner Héctor Rivera-Ortiz liable for violations of the minimum wage, overtime, and recordkeeping requirements of the Fair Labor Standards Act (FLSA). Following a four-day trial, the court ordered Rivera […]
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